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Posted

All green for the early openers: Kiwis +0.6%, Aussies +0.1%, Nikkers +1% and Sth Korea +0.1%.

 

Lacklustre trading for most the Aussie sectors: REITS +1% doing a bounce with Gold -1.9% at the other end.

 

 

t?s=%5ENZ50

 

 

t?s=%5EAORD

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Posted

w?s=%5EAORD

 

 

A sharp selloff in the arvo leaving All Ords -0.9% for the day. Almost all sectors dropped into the red led by Gold -2.5%, IT -1.9% and Utilities -1.4%. REITS +0.1% was the only green survivor.

 

Over in Asia, Nikkers managed a gain, +1.2% but for the others it's China -0.9%, Honkers -1.2% and India -0.1%.

 

 

On to UK/Europe:

 

 

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image;size=239x110

 

 

 

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Posted

is this a F joke?

Peer Claims 'Foundation X' Will Pay UK Debt

 

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9:41pm UK, Thursday November 04, 2010

 

Ruth Barnett, Sky News Online

A shadowy organisation has apparently offered to lend the UK £75bn to clear the national debt and "help save the world", a peer has told Sky News.

http://news.sky.com/skynews/Home/Politics/Foundation-X-Lord-James-Of-Blackheath-Tells-Sky-News-Group-Could-Pay-Off-Billions-Of-UK-Debt/Article/201011115795267?lpos=Politics_Top_Stories_Header_4&lid=ARTICLE_15795267_Foundation_X:_Lord_James_Of_Blackheath_Tells_Sky_News_Group_Could_Pay_Off_Billions_Of_UK_Debt

 

 

 

first missle, then this? WHAT?

Posted

is this a F joke?

Peer Claims 'Foundation X' Will Pay UK Debt

 

* Share216

*

*

o Share

* Comments (85)

 

9:41pm UK, Thursday November 04, 2010

 

Ruth Barnett, Sky News Online

A shadowy organisation has apparently offered to lend the UK £75bn to clear the national debt and "help save the world", a peer has told Sky News.

http://news.sky.com/skynews/Home/Politics/Foundation-X-Lord-James-Of-Blackheath-Tells-Sky-News-Group-Could-Pay-Off-Billions-Of-UK-Debt/Article/201011115795267?lpos=Politics_Top_Stories_Header_4&lid=ARTICLE_15795267_Foundation_X:_Lord_James_Of_Blackheath_Tells_Sky_News_Group_Could_Pay_Off_Billions_Of_UK_Debt

 

 

 

first missle, then this? WHAT?

Yes, it is a debunked hoax.

Posted

China Raises Banks' Reserve Ratios as Trade Surplus Surges to $27 Billion

 

China’s central bank raised lenders’ reserve requirements as cash from October’s larger-than-forecast $27.1 billion trade surplus threatened to add to the risk of asset bubbles and accelerating inflation.

 

Reserve requirements will increase 0.5 percentage points from Nov. 16, the People’s Bank of China said in a statement on its website about eight hours after the trade data. The announcement followed media reports today of increases for selected banks.

 

Inflows of cash from monetary easing abroad and investors speculating on gains in the yuan threaten to worsen Chinese inflation forecast to have risen to a two-year high in October. The trade imbalance and currency curbs that have pushed China’s foreign-exchange reserves to $2.65 trillion will be discussed by Group of 20 leaders meeting in Seoul from tomorrow.

Posted

$spx $es will look pretty bullish if they can get through 1212. Note the higher lows in the oscillators and upturn near the zero line. But it will be trouble if they don't follow through

 

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